Acquisitions7 Feb 2026, 09:32 pm
PAE Ltd Acquires 100% Stake in Four Companies for Consideration Other Than Cash
AI Summary
PAE Ltd has entered into Share Purchase Agreements to acquire 100% stake in Epicurean Grove Private Limited, Vidyutva Cereals Private Limited, Edenbloom Cereals Private Limited, and Agroblossom Grains Private Limited. The acquisitions will be made through a share swap, with the issuance of equity shares to the shareholders of the target companies. The acquisitions will enable PAE Ltd to operate on a well-developed turf, save valuable time, minimize operational costs, and achieve fast-paced growth. The acquisitions are expected to be completed within 15 days from the receipt of necessary approvals.
Key Highlights
- PAE Ltd to acquire 100% stake in four companies
- Acquisitions to be made through share swap
- Acquisitions aimed at achieving fast-paced growth and minimizing operational costs
- Expected to be completed within 15 days from necessary approvals
- Target companies are engaged in trading and processing of agricultural commodities